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Benzinga
Benzinga
Business
Lekha Gupta

Exxon To Beat Q3 Expectations Despite Lower Commodity Prices: JP Morgan

JP Morgan Arun Jayaram Oil ExxonMobil Upstream
Trinidad,,Co,,Usa,-,May,19,,2024:,Exxon,Gasoline,Station

With global energy markets facing volatility and shifting demand, major oil companies are under pressure to adapt and strategize for future growth. As these industry giants navigate financial and operational challenges, investors keenly watch for insights into their performance and strategic maneuvers.

JP Morgan analyst Arun Jayaram reiterated an Overweight rating on Exxon Mobil Corporation (NYSE:XOM) with a price forecast of $124.

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